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Futures steady after Wall Street swoons on Fed view of fewer rate cuts

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(Reuters) - U.S. stock index futures edged higher on Thursday as investors digested the Federal Reserve's projections of fewer-than-expected interest...
Jobs

Odds of jumbo BoC rate cut boosted by jump in Canada’s unemployment rate

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Canada's unemployment rate jumped 0.3 percentage points to 6.8 per cent while the economy added a...
Bussiness

Canada’s economy adds 14,500 jobs in October

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TORONTO (Reuters) - Canada's economy added 14,500 jobs in October and the jobless rate held at 6.5% from September, Statistics...
Bussiness

Hot jobs report doesn’t change Fed’s rate ‘calculus’: Goolsbee

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Chicago Fed president Austan Goolsbee doesn’t think a hot jobs report released Friday will alter the downward path of interest rates over the next...
Bussiness

New PCE reading supports case for smaller Fed rate cut in November

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A fresh reading on inflation Friday keeps the Federal Reserve on track to continue cutting interest rates this fall, likely in 25 basis point...
Bussiness

The many challenges facing Jay Powell as he tries to pull off a soft landing

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Jay Powell argued this week that the Fed is not "behind" as it starts a cycle of interest rate cuts.His main challenge in the...
Bussiness

Canada’s inflation cools to 2% in Aug, reaches central bank’s target

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By Promit MukherjeeOTTAWA (Reuters) - Canada's annual inflation rate reached the central bank's target in August at it cooled to 2%, its lowest level...
Bussiness

Size, speed of rate moves in focus as Fed poised to start cuts

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By Lewis KrauskopfNEW YORK (Reuters) - The Federal Reserve is in focus next week, as uncertainty swirls over how much the U.S. central bank...
Bussiness

Size, speed of rate moves in focus as Fed poised to start cuts

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By Lewis KrauskopfNEW YORK (Reuters) - The Federal Reserve is in focus next week, as uncertainty swirls over how much the U.S. central bank...

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